Math, asked by youandme10122002, 1 month ago

Given the Quantity Theory of Money, assume that the money income is 1000 units and money supply is 400 units. Also assume that the velocity of circulation of money is 5. Calculate the aggregate price level. What will happen to the price level if money supply

rises to 600 units. Explain your answer.

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Answered by suumedhasharma5

0

Answer:

400*5

250 this is the first answer

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